FXGlory vs Gerchik & Co Comparison
Compare trading conditions, commissions and platforms of Forex brokers FXGlory and Gerchik & Co. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FXGlory or Gerchik & Co?
Our pick: Gerchik & Co
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Gerchik & Co looks preferable to FXGlory.
Gerchik & Co scored 3.9/5 and ranks 58 in our all Forex brokers list, whereas FXGlory has 3.2/5 and ranks 69.
This is not financial advice. See the full comparison below.
Who is FXGlory suitable for?
FXGlory may suit experienced Forex traders who use MetaTrader and are prepared to accept the risks of trading without reliable regulation.
Who is Gerchik & Co suitable for?
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
Comparison Table of FXGlory and Gerchik & Co
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Rating | 3.2/5 | 3.9/5 |
| Foundation Year | 2011 | 2015 |
| Regulated in Countries | — | Vanuatu |
| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:3000 | 1:100 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FXGlory Review | Gerchik & Co Review |
FXGlory Review
FXGlory may suit traders who value a low entry threshold, fixed spreads, no swaps on most accounts, and access to MetaTrader 4 and MetaTrader 5. The broker focuses primarily on trading currency pairs, metals, and cryptocurrencies. It may be considered by experienced traders who understand the risks of high leverage and are prepared to work with a company that lacks comprehensive financial regulation.
Pros and Cons of FXGlory
Pros
- Minimum deposit from $1.
- MetaTrader 4, MetaTrader 5, and GloryTrader are available.
- No swaps on most accounts.
- A demo account and free VPS are available subject to meeting the requirements.
Cons
- No financial regulator license.
- Spreads on the Standard account are above average.
- High withdrawal fees.
- The ECN account commission is not disclosed.
- Limited selection of trading instruments.
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co is in the top 10 of the following ratings:
Reliability
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Reliability | 2.2/5 | 3.4/5 |
| Foundation Year | 2011 | 2015 |
| Regulated in Countries | - | Vanuatu |
| Regulators | - |
FXGlory
FXGlory operates without a financial regulator license, and the company's registration in Saint Lucia does not provide clients with full legal or compensation protection.
Pros
- Long track record in the market — since 2011.
- Claims to use measures to protect data and trading accounts.
Cons
- No financial regulator license.
- No participation in a compensation fund.
- The company's legal status raises concerns.
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
Account Opening
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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FXGlory
Opening an FXGlory account is completed online and does not require complicated steps. The minimum deposit starts at $1, although full verification is required for withdrawals, and the base currency is limited to the US dollar.
Pros
- Fully online registration.
- Minimum deposit from $1.
Cons
- The only base currency is USD.
Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
Account Types
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Account Types | 4/5 | 4/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.1 points | from 0 points |
| Max Leverage | 1:3000 | 1:100 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FXGlory
FXGlory's account range is suitable for traders of different experience levels, with accounts available from a $1 deposit, various spreads, and swap-free terms.
Pros
- Minimum deposit from $1.
- Wide selection of trading accounts.
- Demo and swap-free accounts are available.
Cons
- The exact ECN commission is not specified.
- High deposit requirements for Pro, ECN, and VIP.
- The account selection depends on the region.
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts with fixed spreads
Commissions
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Commissions | 2/5 | 2/5 |
| Spread | from 0.1 points | from 0 points |
| Average Spread (EURUSD) | ||
| Commission | per 1 lot$6.00 | per 1 lot$5.00 |
FXGlory
FXGlory's fees are above average: the fixed EUR/USD spread is 2 pips, withdrawals are expensive, and the ECN account rate is not disclosed. The absence of swaps partly offsets the costs.
Pros
- No swaps on most accounts.
Cons
- High fixed spreads.
- Significant withdrawal fees.
- Unknown ECN account commission.
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading fees
Deposit and Withdrawal
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
| Account Funding Methods |
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FXGlory
FXGlory offers many deposit and withdrawal methods, and deposits are generally credited quickly and without fees. However, withdrawals may involve high charges, delays, and varying terms.
Pros
- Wide selection of payment methods.
- No deposit fees.
- Fast processing of electronic payments.
Cons
- High withdrawal fees.
- Slow withdrawals to cards and bank accounts.
Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
Markets and Products
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Markets and Products | 2/5 | 4.4/5 |
| Forex | 38 | 66 |
| Precious Metals | 6 | 7 |
| Cryptocurrency | 6 | 11 |
| Energy Carriers | - | 3 |
| Indices | - | 14 |
| Stocks | - | 296 |
| ETF | - | 21 |
FXGlory
FXGlory's offering is limited to currency pairs, metals, and cryptocurrencies. The broker may suit Forex trading, but the lack of stocks, indices, ETFs, and bonds reduces diversification opportunities.
Pros
- 38 currency pairs.
Cons
- No stocks or indices.
- No ETFs or bonds.
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded commodities
Trading Platforms
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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FXGlory
FXGlory offers a convenient selection of platforms: MT4, MT5, and the GloryTrader web terminal. Mobile trading, analysis, and Expert Advisors are available.
Pros
- MT4 and MT5 are available.
- Web and mobile versions are available.
- Automated trading is supported.
Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
Analytics
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Rating | 3.5/5 | 5/5 |
FXGlory
FXGlory's analysis is suitable for basic market assessment: TradingView charts, a calendar, and individual forecasts are available. However, materials are published irregularly, and the client area lacks a comprehensive analysis section.
Pros
- TradingView charts and technical signals.
- An economic calendar is available.
- The broker publishes its own forecasts.
Cons
- Analysis is published irregularly.
- There is no analysis section in the client area.
- No comprehensive trading signals are available.
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
Education
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Rating | 3/5 | 5/5 |
FXGlory
FXGlory's education consists of detailed and well-structured articles on Forex, analysis, and strategies. However, the lack of videos, webinars, and comprehensive courses limits the variety of materials.
Pros
- Detailed educational articles.
- Examples, tables, and checklists are available.
Cons
- No webinars or video tutorials.
- No courses or tests.
- Materials are available only in English.
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
Customer Support
| Broker | FXGlory | Gerchik & Co |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Instagram
Twitter
YouTube
Skype
TelegramFXGlory
FXGlory support is available through several channels and responds quickly in chat, but complex issues are resolved slowly. Even a question about the ECN commission remained unanswered for more than a day.
Pros
- Many contact channels.
- Fast responses in live chat.
- Tickets are available around the clock.
Cons
- First-line support cannot resolve some issues.
- Long wait times for ticket responses.
- Exact support hours are not specified.
Gerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
Comparisons of FXGlory and Gerchik & Co with other brokers
Conclusion
Gerchik & Co stands out as the better overall pick, while FXGlory trails on aggregate criteria.
Gerchik & Co scored 3.9/5 and ranks 58 in our rating; FXGlory has 3.2/5 and ranks 69.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FXGlory or Gerchik & Co?
Gerchik & Co comes out ahead by overall rank (score 3.9/5, position 58) versus FXGlory (score 3.2/5, position 69).
Which broker is better for beginners: FXGlory or Gerchik & Co?
Gerchik & Co is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — FXGlory or Gerchik & Co?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FXGlory and Gerchik & Co?
FXGlory: MetaTrader 4, MetaTrader 5, GloryTrader. Gerchik & Co: MetaTrader 5, MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with FXGlory and Gerchik & Co?
FXGlory: Forex, Precious Metals, Cryptocurrency. Gerchik & Co: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FXGlory and Gerchik & Co?
FXGlory: Standard, Premium, VIP, Classic, Pro, ECN. Gerchik & Co: Zero, Mini, Simple, Silver, Gold, Platinum. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FXGlory and Gerchik & Co?
FXGlory: PayPal, Neteller, Skrill, WebMoney, SticPay, Swift, Credit and Debit Cards. Gerchik & Co: Volet, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — FXGlory or Gerchik & Co — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
